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MT4: how to change "EURUSD" to "#EURUSD"? 3 replies

Re: EurUsd short term 15 replies

did oanda just drop its spread for eurusd to 1 pip? 11 replies

EA for multiple lot limit order for EURUSD 0 replies

NFP nice bump up on EURUSD 2 replies

Attachments: EURUSD
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EURUSD

Quoting ffleo
{quote} advertisement?


Advertisement for what or for whom? I don´t give a fart for any retail bucketshop.
________________________________ Errare humanum est
Quoting ffleo
{quote} advertisement?
Arfff, you omitted the most interesting part of the original post in your quote


Quoting MisterTrader
{image} Advice: leave it to professionals to trade your money. Retail traders are losing diminishing their accounts latest after 3-6 months trading WITHOUT experience!
Quoting ffleo
{quote} advertisement?
Hey, What did you expect ?

Inserted Video
Don't be smart. Be rich.
Same as last friday, closing to the upside. It's becoming common practice.
Best time to plant a tree was 20 years ago, second best is now
Quoting Magix
{quote} I forwarded the PM to Twee via PM Cleanup report. How'd ya like to have this guy as a neighbor?
I better not see him around here for sure, if he wish he could meet me somewhere in Geneva during March UNHRC meet!! Decided to go there after watching C4 last week!
I Don't know,, there has been lots of coverage in UK media lately Re : WarCrime
Since this is End Of our Trading week i like to share something i watched recently, hope you don't mind me sharing!
http://www.channel4.com/programmes/no-fire-zone/4od
http://www.channel4.com/programmes/s...ing-fields/4od
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
Quoting MisterTrader
{quote} Advertisement for what or for whom? I don´t give a fart for any retail bucketshop.
Man why don't you calm you voice and make your fonts smaller??
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
Quoting gatorinla
the subject was "s/l hunting". nfp etc. is known well in advance. .
Yeh, you are right. But widening of spread during FOMC can be SL hunt as well. In fact it is the best time to do so. Noone knows in advance how many orders will be stacked there during the news, so spread can widen in quite different ranges. And broker can choose.
"I know one thing, that I know nothing." Sokrates
Quoting Avir
WTF??? "On tracking you down, and paying my old war criminal friend.." Did Twee notice this?
Thats actually really funny. Got already few threats as well. Some kids just dont get over beeing spanked in internet. Like if anyone gave a shit about internet identities. Got few fakes, but this is the only true one, am really Tomas from Prague and actually quite easy to find as am pretty loud bastard. I say, if you can get offended by internet fights, you are such a weakling you cant hurt anyone in real life. So come for me and I ll kick your ass . Think Magix feels the same.
"I know one thing, that I know nothing." Sokrates
Btw, while having monologue in Friday night here, I have closed the account in 30% DD today. The reason is I wanted to slowly get rid of that drawdown to original equity, but it is very boring to be crawling like this, so am sending in those 30% from savings and starting new account. May be silly, dont know. But for you, it means hell of a fun, cause you can watch me properly burn when I shoot in 10% again like idiot and miss.
Anyway, have a nice weekend,
T
"I know one thing, that I know nothing." Sokrates
This trade working out okay after a few losses this week.
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Quoting Kanzler
This trade working out okay after a few losses this week. {image}
Losses are all part of the business.

If I may say, when I started to enjoy them, I made more money.
Wherever you go, there you are.
Quoting milam
{quote} Losses are all part of the business. If I may say, when I started to enjoy them, I made more money.
They don't bother me anymore either. I've had losing streaks in the 10s from holding positions that come back to break-even after a good run but if you hold for the big fundy driven runners it's more than worth it. Bagged a trade a couple weeks ago that was worth 28.8% of my account on half a percent risk. It takes a long time to get used to the concept of losing to win though.
Quoting Kanzler
{quote} They don't bother me anymore either. I've had losing streaks in the 10s from holding positions that come back to break-even after a good run but if you hold for the big fundy driven runners it's more than worth it. Bagged a trade a couple weeks ago that was worth 28.8% of my account on half a percent risk. It takes a long time to get used to the concept of losing to win though.


Always will
Even the worst trade can close with profit. Just give it time.
Quoting Kanzler
{quote} They don't bother me anymore either. I've had losing streaks in the 10s from holding positions that come back to break-even after a good run but if you hold for the big fundy driven runners it's more than worth it. Bagged a trade a couple weeks ago that was worth 28.8% of my account on half a percent risk. It takes a long time to get used to the concept of losing to win though.
yes, it does. But it is essential not to be effected.

All business have expenses and this one is not different, if we run a restaurant, would we get upset when we purchase the food? Same thing.
Wherever you go, there you are.
Quoting milam
{quote} It took 7 trading days to gain back what has dropped in two day.. Slow trend are often strong trend. I would not dare shorten this if the low of the day is not breached and even then I would be aware of a false BO.
More showing off from me , it is my week, not intended tough . Seriously…..

Here you have it, I did short it below the last low of the day, but quick to cover it (+48) and went long anticipating the false BO, still in (+64) with SL to BE.

I love to be right but I prefer to make money...
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Wherever you go, there you are.
Trading and work done for the week I guess, time to play some minecraft.
Hope this helps. 'KISS' Keep it simple stupid.
The Trend is Your Friend.
Dollar seasonally weak. Push the gas pedal on trades against it when you hear Christmas music.
Hope it helps a few lost souls.
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Quoting milam
{quote} yes, it does. But it is essential not to be effected. All business have expenses and this one is not different, if we run a restaurant, would we get upset when we purchase the food? Same thing.
Better said, we can't keep rotten food (carry losses).
Even the worst trade can close with profit. Just give it time.
Quoting Tom_D_Trader
{quote} Hi John, Its not like it was only Japan stocks and Japan index. There are some types of assets, which are denominated in just one single currency, so there goes heavy neg. correlation. For example these Japans have their cash (Yen) parked at Tokyo Stock exchange, so if they decide to buy stocks, they are in fact selling Yen. Its the same with DJIA and USD. And btw with Oil and USD, which is one of the most depriving facts of modern age and we could be talking bout this topic for hours. Edit: btw ouch that facking Euro. Thinks I need a break....
Quoting Jexter
{quote} Sorry to butt in a little late, but no. It used to be that way, but throughout 2013, USDJPY and the Nikkei have been positively correlated. Check it out. Edit: nvm, Tom D already explained it all a couple posts above mine!
Ah thank you - makes sense.

Should into indices yet, had 2nd biggest week this week
Even the worst trade can close with profit. Just give it time.
Quoting Tom_D_Trader
Btw, while having monologue in Friday night here, I have closed the account in 30% DD today. The reason is I wanted to slowly get rid of that drawdown to original equity, but it is very boring to be crawling like this, so am sending in those 30% from savings and starting new account. May be silly, dont know. But for you, it means hell of a fun, cause you can watch me properly burn when I shoot in 10% again like idiot and miss. Anyway, have a nice weekend, T
Lots of times when I closed for a big loss, hours or couple days later the market goes my way and I would have made big gain if I had not close for a loss. Now I prefer to close part of the losing position, and put it back later at better price. You can split it and put it back at several better prices. When price goes your way close partial and put it back again later when price goes against you again. After several rounds of doing this you eventually trade off a losing position and may even turn a losing position to a winning position. Lots of people just keep adding to losing positions and wait for the market to go to their overall average price without doing anything to manage their positions, but the market each time just pullback a distance not that big enough to the overall average price. But they still wait without doing anything until margin calls come to them. Do something guys, close partial at a pullback, and put it back later at better price. The part you put back at a better price will make a profit at another pullback, close it at the pullback and also close part of the existing losing position to reduce the total position size. Have a plan how much partial to close and how much to put it back later. This way you gradually trade off a losing position.

When you close that 30% drawdown for a total loss, it is a permanent loss.
ignore wackos and psychos, including myself. But I can't add myself to iggy
Quoting ffleo
{quote} Lots of times when I closed for a big loss, hours or couple days later the market goes my way and I would have made big gain if I had not close for a loss. Now I prefer to close part of the losing position, and put it back later at better price. You can split it and put it back at several better prices. When price goes your way close partial and put it back again later when price goes against you again. After several rounds of doing this you eventually trade off a losing position and may even turn a losing position to a winning position....
It's already a permanent loss. The idea that floating p/l isn't real is something that kills a lot of wannabee traders. He could have had this rationale at 10%, 20%, or now...doesn't matter. It'll go my way if I wait long enough is a recipe for the margin call.
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